QuickQuickAston Martin cuts 20% of workforce as losses widen
AI-curated by Q²N · Updated February 26, 2026
Aston Martin is set to reduce its workforce by approximately 600 jobs, representing a 20% cut, as the luxury car manufacturer faces increasing financial difficulties. The company has cited US tariffs as a contributing factor to its widening losses. This decision reflects the ongoing challenges in the automotive industry, particularly for high-end brands. The job cuts are part of a broader strategy to stabilize the company’s finances and address the pressures from international trade policies. Aston Martin's management is likely to implement further measures to navigate the current economic landscape and restore profitability.
- Aston Martin to cut 600 jobs, about 20% of its workforce.
- The company blames US tariffs for its financial troubles.
- This move aims to stabilize the company's finances.
- Widening losses have prompted the need for drastic measures.
- The luxury automotive sector faces ongoing challenges.
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